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.s. and around the world asking what one big. i'm harris falkner, this is the fox report. where will she resurface? after a verdict that sprung her from jail prompted this backlash. in minutes, the elaborate message to make casey anthony disappear from public view. plus, the terrifying home invasion at this u.s. congressman's house, that leaves him face-to-face with an armed intruder. and that's it, construction triggering carmageddon along the 405 in southern california finishing hours ahead of schedule, but way too late for this driver. the details behind this high speed chase that hit almost every other major l.a. highway. first, casey anthony, out there somewhere tonight, living her life. right now, no word of where or how. >> we hate you!. >> harris: protesters among those who gathered outside the orlando jail when the florida acquitted of murdering her two-year-old daughter caylee was set free. casey left jail this morning, her attorney, jose baez at her side. warrening a pink t-shirt, blue jeans and sneakers, said quietly thank you to a deputy sheriff and two armed with rifles. wi
it could be a big day for our whole entire country. >> and the news is whether we've got a deal or not. shortly after ten o'clock last night. harry reid said you know, i was going to have everybody show up in the mid feel the night and take a vote at 1 a.m. and he received word from the white house that apparently, the white house and this really hacks him off, you know, because it kind of bypasses him, and former speaker pelosi, dealing directly with mitch mcconnell, joe biden 6789 it sounds like they've got a deal, and close to a deal and some of of the frame work as well to talk about it. >> yeah, it looks like it's been going back and forth and take a look, it looks like debt ceiling increase, 1.2 trillion to 2.4 last night last through the night and living in my office, as high as 2.8 trillion dollars in debt ceiling increases, spending cuts have to be about the same amount commensurate. >> dollar for dollar. >> at least if not more. >> and guys, there's a little bit of wrangling whether or not that balanced budget amendment that john boehner needed so badly to get the house to vo
. where is casey anthony at this hour? that is the big question that people want the answer to. the lawyers were successful disguising where she went in the overnight hours. even the press not able to keep up with her. cameras shooting this video of casey anthony walking out of the front doors of the orange county jail at 12:11. wearing pink me low shirt, hair in a bun and the primary defense attorney jose baez right by her side. they got in a motorcade, a gray suburban, a cream colored tahoe and white follow-car and drove directly from the location to a bank of of america building in downtown orlando, not far from here, where her other attorney has an office. they went in covered parking garage and pulled a bait and switch. the suv never emerged from the parking garage, but others cars did and it's not clear which one that casey anthony was in. we can tell you around the same time there was police activity across town at a private airport. a private plane was fuelled up and ready to go on the runway, but nobody saw casey anthony boarding the aircraft. officials telling us it w
& friends" starts right now. >>dave: good saturday, everyone, a big news saturday. we thought the heat would be the big story. but anything but. a very serious matter. good to have you here for alisyn. >> all hell breaking loose in many parts of the world including in norway. >> we have new information of the shooting in the shotting massacre and bombing that happened hours apart in norway. >> this as the death toll from the attacks has gone up to 91. and greg is leave in london. greg? >>greg: we have been tracking this story through the night and hour by hour it is worse and worse and the words, the gunman as he shot the victims "you all must die," describing the scene, the prime minister, he turned paradise into hell. and now the events of the shocking attack right now. police now say that 84 people were killed on the island 20 miles from the capital of norway, one of the worst mass shooting sprees in history. the gunman was dressed as a policeman calling teens to come closer and then tee towns the guns on him, machine guns, rifles and pistols and the kids ran, hid, played dead, and tried
information is stored and, jon, you know with the tsa and all those scanners, that was big concern of people and also for some of the privacy advocates. jon? jon: yeah. and some of our chatters are wondering when this is going to hit the consumer market, you know, can i buy one of these things and scan anybody i want to? >> reporter: you know what, interesting? facebook is looking at it and google, also, to allow you to take a picture of someone and do an immediate google search to get any other information on them. so your chatters are up to speed, jon. jon: that is a brave new world. jamie colby, thank you. >> reporter: take care. jenna: breaking news of the day, and we have more big stories throughout the hour including a big rule anything the case of the former police sergeant who keeps losing wyomings. what -- wives. the case of drew peterson and how it could impact his murder trial. >>> also house speaker john boehner reworking his debt deal. this as the clock ticks closer to that default deadline. six days away, can a deal be struck in time? we'll go in depth just ahead.   you c
to do that. we have to be honest, you agree? >> yes! >> look, i'm a very big supporter of the military. you are going to tell me we spend more than 500 billion, we can't find ways? >> my brother was kill, special forces. you are telling me that we just killed the most evil person in the world, okay many he was sent there in 2005, in afghanistan. i found out later that he's hiding in pakistan. we need to support our military, our families and don't forget our gold star, honor and remember. >> agree with you 100%. you know how we can support them even more? is there any money wasted? you walk down this building. i believe in education. you know my background. i don't come from wealth. i came from a small school, put my own way through. i started a company, my own job at 19. i took the risk. >> are you saying the military is wealthy? >> no. listen to my point. you go down to the department of education building, the average salary there is over $100,000. what if that money was sent to the classroom instead of down the street? you agree? so how much money is spent in that pentagon and not
between himself and michele bachmann. >> big difference between talking and getting stuff done. and i get stuff done. >> it's the latest chantner the rivalry of the two minnesota candidates for the republican presidential nomination, which boiled over yesterday, with pawlenty having spent almost two weeks saying bachmann has no congressional accomplishments to speak of, bachmann had enough. in a sunday statement, she fired back saying "i've fought against irresponsible spending while governor pawlenty was leading a multimillion dollar budget mess in minnesota." later the bachmann campaign added on healthcare mandates, climate change and wall street bail-outs there's very little daylight between governor pawlenty's record and the obama administration's." this back and forth comes with pawlenty still trailing bachmann in the polls. for bachmann, the verbal sparring seems to come with at least some risk. it will likely draw even more attention to the iowa straw poll, less than three weeks away, and pawlenty seems to have the advantage of a larger, deeper iowa organization. the straw poll bal
the road so we did not end up in this fiscal mess. >> everyone is going to the movies and a big story in the country right now and it relates to what is going on in the debt battle, the white house versus congress right now, battling, and president and cantor, reminiscent to harry potter and it ends this week. there is president obama versus speaker boehner. >> it would be terrifying if they had magical powers. how scary. >> who would be harry potter? >>dave: we will give you an idea, we compared the two in a roll out of this battle versus harry potter. look at this. >> i've been hearing from my republican friends for some time it is a moral imperative to tackle our debt and deficit in a serious way so i have said to them, let's go. >> we are in a crisis. >> i'm voting "no," on the debt ceiling. >> failing to raise the debt ceiling would be armageddon. >> i will not sign a 30-day or 60-day or 90-day extension. >> this debt limit increase is his problem. >> failure is not an option. >> this could have been avoided. >> you think you can hold the government ransom? >> we will in the supp
quickly. that's still four or five years away and maybe deep space beyond. that's where the big questions are, whether we're going to follow through on that promise. >> you just described to us earlier how this is a record breaking crowd there at the kennedy space center. tell us what happened when the shuttle landed. >> for the first time in my coverage of the space shuttle landings, there was a huge round of applause as it landed. a lot of excitement. and there certainly is the sense of wow, this is really it. this is the very final time we're going to see this down. it's a little bit of a drag that it was predawn. it's really hard to see. usually see the shuttle approaching the runway because the lighting change on the runway lights being obscured by the shuttle coming in but then come flying behind us on the runway with a big parachute out dragging it down to a slower speed but certainly there was a lot of pride, i think, here watching this end of an era and, of course, you know, we had the big private commercial taxi service you mentioned, tom, in october, i believe, the big falcon l
. bill: he says you can take care of the debt ceiling one vote. but that leaves a big problem and that's the debt. >> it's the debt itself. i couldn't agree more. the crisis comes, bill, not if we don't pass the debt ceiling, but if we do pass a debt ceiling it send a signal to the financial markets around the world that the united states is not capable of dealing with this enormous debt. that's the crisis. if we don't get a credible plan that brings the deficit spending down over the next two years and the president has been holding out on that. bill: do you think the markets will be spooked by that? >> you are exactly right. even as moody's and s & p said they will downgrade the debt. you would expect for the interest rate on those bonds to go up but the last couple weeks they have gone down. we cast a carte blanche $2.5 trillion increase in the debt i believe that could cause a financial panic. bill: that forces the markets to quiver. >> this is the ultimate point of leverage. that's why there has been a stalemate. republicans said if we cave on this we'll never get serious about sp
and louise style but 43% of independents say what's the big deal? >> what's the pugh research? they only talk to 764 people. >> they did it all yesterday afternoon. >> by the way, we have a panel of independent voters coming up to see how they're feeling about the debt ceiling debate because obviously, they are the coveted group. >> that panel, 765. >> all right. >> a little bit bigger. >> we go to a panel of one. steve winn is the ceo of winn resorts. they have those casinos and stuff like that in vegas. he was on a conference call with investors and investment banks yesterday and he really let the president of the united states have it. we've got some quotes from the conference call. he says, here you go. "i'm saying it bluntly, that this administration is the greatest wet blanket to business and progress and job creation in my lifetime. and i can prove it and i can spend the next three hours giving you examples of all of us in this marketplace that are frightened to death about all the new regulations, our health care costs escalate, regulations coming from left and right with a pr
's casey anthony released shortly after midnight. last night -- night before last. the big question now is where did she go? >> right, where is she? >> where did she go? we know that after the courthouse right there, they went in a series of cars over to a parking garage where her attorney was. next thing you know, we don't know. >> possibly the old switch-a-roo there. >> she's facing the possibility of some lawsuits so she can't completely disappear so we may see her popping up again. right now, we don't know where she is and that's incredible really when you think about the amount of attention that this has gotten and that everyone knows what she looks like. >> it was amazing. had to go through some precautions. for a woman without a budget, it's amazing the amount of money we were spending on her, her safetyher future for now anyway or maybe somebody is keeping a tab because she probably will be coming into some money soon. they called up her parents and said do us a favor, show up at the hotel, excuse me, at the prison, and go -- and be a good decoy for the press who are going t
. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. live at capitol hill, the number of congressmen meeting behind closed doors, many getting whipped by their leadership to vote on this boehner bill. another story. an army soldier who says he was planning another attack on fort hood is in custody in texas, and it appears local law enforcement may have averted a second disaster on the base. national security correspondent jennifer griffin has details. good evening, jennifer. >> good evening, bret. private first class naser abdo had gone awol, applied for and received conscientious objector status, but that status was put on hold when the army found child pornography on his government computer. he was arrested after trying to buy guns and gunpowder from guns galore. according to army sources, abdo bought three boxes of 12-gauge ammunition, a magazine for a springfield nine-millimeter gun, and six canisters of smokeless gunpowder. the gun store owner who tipped the police said he became su
as three doors down, they've had all kinds of platinum records and big time hits. they'll be performing live on our concert stage out on the plaza today. and of course, famous dave's cooking up barbecue all morning long so if you're in the neighborhood, stop by 48th and sixth avenue, not a free concert but free breakfast and you might meet clayton morris. >> if you're lucky. i won't make any promises. friends e-mailed me last night, three doors down, huge fans. >> that could be three drawers down baseed on that guy in the video. he was in his drawers. that's a wake-up call. that guy in his drawers as well as your headlines this morning. he didn't want to kill terrorists in afghanistan perhaps because he wanted to kill americans right here at home. awol soldier may have been inspired by al-qaida cleric copycat to the ft. hood massacre, they are checking into that following his arrest and confession that he wanted to, "get even" with the army allegedly plotting two attacks near the base. the suspected gunman in the original attack had direct contact with awlaki. yesterday, they announced
of stuff coming up with all the excitement coming up and weather going on and now the weather maps. big story the last couple of days has been a nonstory, tropical storm don became nothing, unfortunately. folks in texas hopes to get a big storm out of this and get some rain at least. the storm slowed up and they did not get the rain. across the eastern part of the country, across coastal areas, there was some rain but not too far inland but they will take anything they can get the entire state of texas is dealing with the worst drought they have ever had and now the radar, the eastern part of the country will deal with storms. it is hot. humid. we will see more storms this afternoon. texas unfortunately is not beginning to get much rain. in the northern plains, big storms, and some this afternoon, and they will be severe, keep that in mind, and across the west, we will continue to deal with storms cross the four corners. and now, everyone is excited about the state fair for the food and this year, those are doughnuts and a burger. and bacon. how is that for breakfast? take a bite. >> ri
, some real big news, actually, because speaker boehner, it seems, may have a plan that will come to fruition, before 4 p.m. this afternoon so that the asian markets aren't rattled and it will involve sort of a two pronged approach. >> yeah, but the most important part of the two step process clayton mentioned there's going to be a short-term extension involved and the democrats have objected to that, as you know, from the very beginning, the president, nancy pelosi, harry reid all three last night reiterating they will not support a short-term extension. so it appears we are playing with some serious fire on this sunday. >> what does john boehner do, comes up and hands over the paper work, they immediately say no. listen to this, thises what mitch mcconnell has to say about this. there is bipartisan agreement on the need to prevent fault and given the unprecedented size of the debt ceiling increase, the president is requesting, this is not an easy process. and the effort to prevent default while substantially reducing washington spending will continue. >> of course, all of the co
market is doing. yesterday it took a big hit closing down almost 200 points. it was the 4th straight day of losses. let's bring in stuart varney to help us understand this. will the market go down again, stu? >> in general terms nobody will be prepared to forecast where the stock market will go. it's like october of 2008 when there was a decision in the house, do we bail out wall street or don't we. there was a profound reaction on wall street when that vote came in. in general terms, here is what you can say. if we get a deal -- if a deal looks likely by this weekend, the stock market will probably go up. quite sharply. if we do not get a deal at all, nothing is on the table by that next week's deadline you can expect the stock market to go down quite sharply. those are generalized expectations for stocks, but i think they are realistic. here is the news of the day. as of this morning, a letter went out from the chief executives of all the big wall street firms. that letter went out to every member of congress. everybody on capitol hill. it was a plea. get a deal done. do not default. s
the chances of another big financial crisis and another big taxpayer bailout are lower now thanks to the law. president obama signed it a year ago today, as you mentioned. treasury secretary timothy geithner says the financial system is stronger by almost any measure now, but critics say consumers and taxpayers are still at risk. the law required the sec and other regular lay -- regulators to write 243 new rules but regulators have completed fewer than 50 of those. other critics say they don't want these new rules anyway. they are hurting innovation, economic growth and job creation, jenna. jenna: we talk about financial regulation, there's a slew of different changes, and it's easy to get a little wonky, peter, right? what are some of the changes that are happening today when it comes to our regulatory reform? is. >> reporter: hey, jenna, i love that o.k. with key stuff. jenna: i know you do. [laughter] >> reporter: sorry about that. you're right, today the confidential consumer protection bureau officially opens for business be, but it does not have a director yet, so its powers are are li
the democrats point of view, no tax hikes as well. >> that's the big sacrifice? one of their big cuts is a trillion dollars out of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right t
with my old company. saved a bunch. that's a reason to switch. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. >>> casey anthony's free thanks in part to a team of lawyers and now there is word she wants to become a lawyer. according to florida television stationing wtsp in tampa, her attorney cheney mason says casey anthony told him when i get out i want to be a lawyer. i want to work in your office. he reportedly explained that is unrealistic since she has a record and said his main goal is to keep her safe. she has been in hiding since leaving the orange county jail in orlando last sunday 12 days after a jury akisted he acquitf murdering her daughter. >>> here in new york city the only wildlife we encounter of the rats and roaches. in india, the pests are little larger. wildlife workers shooting at a leopard that mauled 11 people in the eastern part of that country. the leopard clearly not keen on being captured. understandably considering people had been attacking it with knives an
. >> it was a big vote in the house today, what's going to happen with your 401k on the outcome of that vote. >> we have to focus on gretchen's 401k. >> revealing all, gretchen? >> no. next on the rundown, who knew john mccain was a fan of "lord of the rings"? >> tea party hobbitts could return to mother earth. >> why he's turning on republicans, the tea party ones at least in the debt debate. >> and these two soldiers served together but did not come home together. now they are side by side at arlington national cemetery but their friendship lives on through an amazing story that both of their families are here to share and that's coming up. >> happy birthday, elizabeth berkeley! that actress turns 39 today. and i'll list her movies in the break. ♪ [ female announcer ] erybody loves that cushiony feeling. uh oh. i gotta go. [ female announcer ] and with charmin ultra soft, you can get that same cushiony feeling you love while still using less. charmin ultra ft has extra cushions that are soft and more absorbent. so you can use four times less versus the leading value brand. ah. [ femalennounce
. >> hi. >> my name is amanda, and i'm a big fan, i'm from iowa originally. >> nice. >> yes. [laughter] i'm an atheist, and in dangerousville, ohio, in 2008 you asserted that no organization receiving taxpayer funds would be able to discriminate in hiring or firing based on a person's religion. however, you have not rescinded the executive order that permits this type of discrimination. in a time of economic hardship when it's difficult for a person to get a job based on her skills, what would you say to a woman who has been denied employment because of her religion or lack of religious beliefs by a taxpayer-funded organization? >> well, this is a very difficult issue, but a more narrow one than i think might be implied. it's very straightforward that people shouldn't be discriminated against for race, gender, sexual orientation and/or religious affiliation. what has happened is that there has been a carve outdating back to president clinton's presidency. for religious organizations in their hiring for particular purposes. and this is always a tricky part of the first amendment. on the on
: anything big happened while you were gone? jenna: got married, went on a honeymoon. i'm back for good. jon: glad to have you. brand-new developments in the debt showdown as the clock ticks closure to government default. now the tea party is stepping in, pushing its cut, cap and balance plan. jenna: ccp, a measure that raises the limit on america's credit card by another $2.4 trillion, only after big and immediate spending cuts, as well as a constitutional amendment requiring a balanced federal budget. jon: it looks likely to pass in the house but the senate is a very different story. mike emanuel live at the white house for us now. what is the latest from the white house, first of all, mike? >> reporter: jon the white house perspective that this is a huge problem, our nation's debt, so this is the time to do something big and do something bold. it is not clear where the votes will be in terms of trying to do something of that nature. our understanding is from talking to sources, both here at the white house and on capitol hill is there were conversations back and forth between the presiden
. [ jack ] yeah, ts is pretty good. don't you have a big race today? don't worry, kevin, i've got it all covered. (cheering crowd) track announcer: and jamie mcmurray wins the brickyard 400. how'd we do? announcer: check out huge clearance savings at bass pro shops and our upcoming fall hunting classic. he was all like "oh no, i cannot do investing." next thing you know he's got a stunning portfolio. shhhh, you're welcome. [ male announcer ] e-trade. investing unleashed. >> all right. glad you're up. the debt ceiling deadline quickly approaching. we're less than one week away from possible default. so how will washington come together on a solution before tuesday's deadline? will they at all? former advisor to president bill clinton and author of "revolt" dick morris now joins us. dick, i know you have a lot to say about this and how this is all playing out. first off, as for the president, is this drama working for him? >> no. no, it's working against him. ultimately, whenever washington is a mess, it's the president that gets blamed for it. now, of course, republicans in congress get
is it the big question of default and whether or not it would indeed have to happen? weigh in, you can see what other folks are saying there, we'll check back in on that survey in a little while. let's go for a moment to the state of alabama where educators are raising concerns about the state's new immigration law. the people who run the school district are complaining that following that law may put them at risk of losing federal funding. jonathan serrie has that story live from atlanta. >> reporter: sponsors of the new law say it's going to give alabama taxpayers an accurate assessment of just how much they pay each year to support public services, including education for illegal immigrants. but some public school officials say it places them in an uncomfortable position. some alabama educators fear the state's new law cracking down on illegal immigration could jeopardize millions of dollars of federal funding for public schools. at issue is one provision requiring schools to report the number of undocumented students they enroll. phoenix city school superintendent larry dechera says it's eu
is it about the american people or one big re-election campaign? we report, you decide. >> meanwhile, the united states government arming a mexican drug cartel for war? and when people said hey, this doesn't smell right, a brand new report says that's when the cover-up began. yes, the cover-up, brian. >> yes, a grandmother confronted by a naked intruder. >> again? >> not in my house! >> be strong. there's always a way to protect yourself. use it! >> but this crook picked on the wrong lady. "fox & friends" the right show for you because we start right now. >> come on in, folks and welcome to our tuesday telecast. we have lots to talk about because the president of the united states and the speaker of the house last night decided it was time to go in front of the american public to make their case. >> again? as brian just said about the other story, again? >> right. >> how many times do we have to have a press conference to try to figure out what the hell to do with our debt? it's one press conference after another and i think the american people are getting darned tired of it. >>
's been called a heat dome. we'll tell you where that is, it sits over a big portion of the country. stay cool. >> i'm hot and sweaty. >> it's like sitting in a sauna all day long. >> hot and tired. it makes you, you know, lose your energy quick. [ male annocer ] things seem better with travelocity's best price guarantee. our girl's an architect. our boy's a genius. we are awesome parents! biddly-boop. [ male announcer ] if you find a lower rate on a room you've booked, we won't just match it. we'll give you $50 towards your next trip. [ gnome ] it's go time. patti ann: minnesota's state government is back in business. democratic governor mark dayton signing a budget deal ending the neigh's longest state government shutdown in a decade. >> it destroyed minnesota's reservist standing for a state of responsible government and a balanced government and one that's not going to be hijacked by the tea party intransigence. patti ann: republicans have stood their ground on not raising taxes, but minnesota's budget deal relies on borrowing, so leaders on both sides of the isle concede -- aisle con
pressure on the other. >> there's no symptom of big government more menacing than our debt. break its grip, and we begin to liberate our economy and our future. >> i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. >> reporter: enough people did, presumably supporters as well as opponents, that the speaker's web site crashed along with those of a couple of other republicans and at least one democrat. republicans say the president wants a long-term debt ceiling hike to keep it out of his re-election bid. democrats say the bond rating agencies want a long-term hike. a short-term one, they say, would risk a downgrade of this country's credit rating, and that would hike credit interest rates on everyone. jon: the overwhelming number of calls coming into senate offices are urging members to oppose the president's call for tax increases, so we'll see. wendall goler, thank you. jenna: for more on this developing story, we're joined by a congressman who says both sides are responsible for the mess we're in. congre
beginning to deal with all the grief here. incredible this country is not that big, only 5 million people, so such a massive attack has really taken its toll. as someone was telling me this morning, everybody knows somebody, that knows somebody or is related to them. the kids in the camp were womaning from all over the country. finally, jenna, it's very sad in so much of these parts the judge saying after tharbg the hearing waafter that, the hearing was closed and but he came out and talked a little bit about it. he said he was not interested in the number of people he had to kill, he just wanted to make a statement. he certainly did that. jenna: certainly indeed and sad as you say, greg. more developments as we get them from norway, greg burke, thank you. jon: we still have debt deadlock on capitol hill with the default deadline just eight days away now. congressional leaders are still struggling to hammer out some kind of a deal, one that would raise the limit on our nation's credit card while cutting trillions of dollars in spending. house speaker john boehner may unveil his own bill t
, in exchange for big, big spending cuts. but, the white house knew that a lot of republicans including speaker john boehner thought it would be irresponsible to not -- raise the debt ceiling and go past the limited and on the other hand, the white house is insisting on a long term deal to get it passed the election, and, republicans know that they cannot reject a deal too, voy default now, just so they can get it passed the election and if there is an actual deal that is -- for 6 months the white house will have to accept it. so, both sides have these weakness in their bargaining positions. >> jamie: byron york of the washington examiner, i know you wrote a great piece on this yesterday and we'll follow your commentary how things are going in washington. thanks for weighing in, today. >> thank you, jamie. >> eric: right now it is ten at night in hong kong and 11:00 at night in tokyo and, in hours when the traders wake up and go to work, what will happen? all eyes are anticipating what could happen when trading beginnings in the asian markets, anxiety of a possible massive sell off is running o
, on a big news day. we welcome you to america's news headquarters and lawmakers are racing against the clock, to finalize the possible deal before a scheduled vote on a democratic senate plan in three hours, and house speaker john boehner says he's hopeful and lawmakers will craft a package that can earn bipartisan support. >> i'm not going to put any deadlines but i think it is clear, should be clear to all of you, that senator mcconnell and i believe that we are going to be able to come to some agreement to end the crisis, as soon as possible. thanks. >> peter doocy live from washington with more, and what do you know about the phones deal. >> reporter: a senior republican leadership source told us what is in the framework of the tentative deal between republicans and the white house and it likes lot like the original boehner plan, but, with the timeline the president wanted. it would take us through 2013 and here's specific, a $3 trillion plan, that would raise the debt ceiling between 2.1 and $2.4 trillion. and cut a trillion dollars in spending right now, and, put together a special com
for celebration. >> after 30 years it was a hell of a ride! >> big applause from the nasa co-workers as several thousand showed up as the vehicle processing facility where "atlantis was" was rolled to and people spent two or three years focusing their lives and jobs on that particular shuttle mission. it is so much larger than just a team of astronauts that fly on board, and the nasa administrator, he was choked up today and he is a former astronaut. i was proud to be part of the program and will carry the cherished memories and experiences with me for the rest of my life. but i'm also ready to get on with the next big challenge. i want to send american astronauts where we have never been before, by focusing our resources on exploration, while leveraging the private sector support to take americans to the international space station. we will do it together. phil: a lot of questions remain as far as federal funding, how soon? do you replace a vehicle for the shuttle? and who much of a private-public partnership will evolve with nasa and other companies and getting humans into space. >>shepard: w
't start either one of them. we don't need to go in to the wars. i haven't been a big fan of iraq war. that war was cost us almost $2 trillion. the afghanistan and iraq war is winding down. office management of budget office has looked at this and said if you take a trillion dollars and lower the debt and allow us to take additional $200 billion in interest savings, that is what we have in our bill. it's all been done by non-partisan congressional budget office. i can't imagine the fact they have voted for it, 230 republicans voted for that in the budget. 40 republicans voted for it. why is it something suddenly they don't want? (question is inaudible). >> your math is terrific. we got 60. the issue has been for a week or so a trigger. yes, the joint committee doesn't come up with a result. what should happen. we've been willing to say that we're happy if we don't arrive at the budget goals with the joint committee that certain things should happen. we've been willing to say that there could be a sequestration as long as it included revenues. it's unfair to make it a spending bill whe
senate republican leader mitch mcconnell sounds like he is losing hope that a big deal could be struck. >> republicans are trying to persuade the president of the need for a course correction. but weeks of negotiations have shown that his commitment to big government is simply too great to lead to the kind of long-term reforms we need to put us on a path to balance and economic growth. >> there was some talk at the white house several weeks ago that a deal needed to be struck by this friday. now jay carney says it's not a hard deadline so, get ready for weekend talks, shep? >> shepard: oh goody. mike emanuel at the white house. hope they don't make you work. one republican pushing for even bigger spending cuts. $9 trillion worth of saving over 10 years. trillions. remember when a billion was a big number. oklahoma senator tom coburn says he would slash a trillion dollars from the pentagon budget plus another 2 trillion from other domestic programs and save another trillion by changing the tax code but you know he would not raise taxes. no. instead, he would end tax breaks like mortgage
. that's a reason to switch. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. >> shepard: breaking news now on fox news channel, and it looks like we have great news for fans of the nfl on fox and beyond. the nfl network, which is owned by the nfl is now reporting team owners have ratified a new collective bargaining agreement, an important step in ending the four month old lockout. the players' union still has to agree toot plan so a news conference is coming up in this hour. you can see they are setting up for it on the left-hand side of your screen. jonathan serrie is covering this for us in atlanta where team owners are meeting today. jonathan, what too we know. >> well, shep, you can see the media sacrum behind me. we are outside the room where the news is taking place. the nfl network reporting that the owners have voted on a collective bargaining agreement. of course, now this goes to the players who have yet to approve this originally. we thought they were going to approve condit
spending. alisyn: we have a big lineup on our show to talk about the debt. republican senator lindsey graham, and jim jordan, the head of the senate committee. we are asking you today about the debt debate. if the u.s. defaults are you worried it will be bad for your family or do you still don't see how it will impact you directly. go to our web site foxnews.com/americasnewsroom. bill: in 90 minutes we had 6,000 votes online yesterday. lines are open right now. what do you think? weigh on in. alisyn. that was new polls showing mitt romney leads the pack of announced presidential candidates. 27% support romney. but it dramatically closes if sarah palin, or rick perry or rudy giuliani are included. alisyn: there is new outrage over a decision not to cover healthcare benefits for 9/11 workers stricken with cancer. defenders of the move say there is little evidence that exposure to hazardous materials at ground zero caused the cancer. >> this is an insult to our intelligence' 53 funerals. 51 were because the person died of cancer. alisyn: rick leventhal is live in the news room. >> report
could save hundreds! yeah, that'll certainly stick with me. we'll ta it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>shepard: and tension is growing on wall street as lawmakers bicker over raising the debt ceiling. a live look at wall street. we are now 150 points off the high of the day. the dow jones industrial average slid a short time ago on a couple of things. the ongoing talks with the debt ceiling and there were thoughts they could be getting somewhere and you can see the green arrows but that is not the case so now it is going into the dutcher -- dumper and we could lose our aaa credit rating no matter what happens. no matter what warns exports warn even if they prevent default the crisis may have already damaged the nation's sterling credit rating and then the effect on us, rates on everything from credit card dozen mortgage could go up and if the markets tanks so i don't many retirement accounts. and now the associate editor for baron's. where are we? >>guest: nervously watching. the longer it
debacle the threat of a credit downgrade is very real. stock sell off is very big. speaker boehner says a dirty word trying to get republicans in line. tonight, the standoff in washington. plus, the moment of the norway explosion caught on tape the blast shook the store and sent people running into the streets. [sirens] of course now we know that was only the beginning. and before the day ended, dozens would be dead. tonight, remembering the victims. and is this man planning yet another attack from behind bars? smile for the cops. >> look in the camera and in a matter of seconds a true identity in all of the criminal record comes back. >> it really has been a game changer. >> shepard: tonight, how police are using facial recognition to confirm your i.d. but, first from fox this wednesday night, never in this nation's history have we faced anything quite like this. make no mistake the politicians have created this crisis that could sink our nation's credit rating. six days to go until the deadline to raise the debt ceiling, officials are warning they may not be able to pay all the countr
our treasury debt to anyone who wants it. that is the big question whether they will be able to do that. we're told at this meeting they explained the mechanics what would happen in the event of a shutdown. we are also told that they have been assured that there will not be a shutdown or that bondholders will not be honored, probably news of relief to them because they would be stuck holding bad paper, bad promises and that would just be bad period. so, the other details as to what we the public will get to know might be released from the treasury department itself after the market closes, even though that is not necessarily a sure thing. but in the event of a downgrade, all bets are off there. i will leave that off the table for the time-being. let's say we don't meet this deadline, allison, then you're faced with the possibility of the government having to get by on a lot less but not anything. in other words, money is still coming in. we still have taxes taken out of our paycheck and the government will be still getting into the vicinity of 170 to $172 billion each month. unfort
the democrats say we're going to have cuts, taxes have to be on the table. that has been the big stumbling block because republicans we're not interested in lacing taxes, no way. it will be interesting to see how they get that back to make those trig teors get all the parties at the table. >> gregg: very busy saturday on capitol hill. >> heather: so the question is what happens if no debt deal is reached. many analysts say we don't know the true effects. it is uncharted territory. here are some possibilities. you will see higher interest rates and pay more immediately on credit card debt. home and car loan rates, those will rise. stock market could plunge costing you dealer. the u.s. dollar would almost certainly plummet on the world market raising the prices that we pay for imported products. we could see a state funding crisis as well if the federal government can't fork over aid to the states they will have to fund their massive budgets and federal funds for student loans would freeze, billions would not be paid. >> gregg: so critics are questioning where the president is in all of this. that
company called two men with big hearts moving and storage. but he fell behind in his bills to this company. this storage company because of medical bills that had piled up for him. >> so he just passed away and the family is trying to figure out what they're going to do at the funeral and what they would like to do is get a hold of some of his military stuff, including his two purple hearts but the problem is that particular company is owed by the family $600. the family went over and talked to them and they knocked it down to $500. but nonetheless, they would like to have the stuff for the funeral next tuesday but they got to come up with $500. here's the son of the veteran. >> he was a very patriotic person. >> dad wanted to go out in a blaze of glory. that was on the back of the fire truck. something we want to give for dad. that was one of his last requests. >> he had it for five years. it would be thousands of dollars. don kennedy owns the company so he's not going to release the stuff as of right now unless they pay the $500 which is just -- they just want to get the -- they want t
is because he hasn't been tough enough, and there wasn't a big distinction between him and president obama, and he's showing that once again now. martha: all right. talk to me, you know, when you look at this politically, "the wall street journal" basically said this morning if tea party encourages its members and representatives on capitol hill to hold tight and not give any ground in this, they're basically handing the presidency to barack obama again in 2012. what say you? >> what are we talking about? are we talking about who's going to be our next president, or are we talking about fixing the problems that face america? we need to quit worrying about the next elections and worry about whether we're going to survive financially. and there are plans that could do it, there are other plans that can't, but nobody is looking at the overspending, looking at directly in the eye and saying we have to stop this. we spend over $4 billion a day in borrowed money. that's enough to build two and a half space shuttles a day. martha: wow. well, that's an eye-opener. jenny beth martin, thank you very
party on capitol hill and would create potentially a big problem. >> jamie: i believe it hasn't happened since the civil war and it really would be monumental if he did go that way and you talk about what the president needs to understand, and what do you think our viewers need to understand, at this stage? >> well, you know, i could tell you a lot about that but i would tell the viewers, it is not just about mathematics and coming up with a balanced budget oration the debt ceiling or anything like that. this is really about the philosophical divide of the members that they have sent to washington. republicans for instance, are looking at this, as not just a way to come up with a palatable plan to raise the debt ceiling but a way to shrink the size and scope of government, which they feel went way out of bounds during the first couple years of obama's tenure and for democrats it is the same, in that as much as they understand that you cannot continue to overspend and the deficits are bad, they are trying to do everything they can to maintain a level of government we have now. and, protec
the white house? >> they push for a big deal but the clock is ticking. so we learn that yesterday morning president obama met privately with the top two republicans in the house of representatives, speaker john boehner and house majority leader cantor, the republicans are saying there was not a major breakthrough or serious progress made. a lost questions about what this week means because senior officials at the white house are telling us weeks ago this was, really, crunch time. the window of opportunity from the 15th to the 22nd, and today i asked carney about the significance of this point in the calendar. >> it is not a hard deadline but congress, the administration, all of us working together, need to move this ball down the field this week. >>reporter: that is the perspective from the white house. carney would not rule out the possibility of other private meetings with top lawmakers to move the ball down the field, so to speak, but at this point we do not hear any reports of a "deal," at this time. >>shepard: still leading republicans are still pushing for amending the constitution,
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